M1 Finance supports U.S. domestic Trust accounts—both revocable and irrevocable—for investing in stocks, ETFs, and other eligible securities. Opening a Trust account with M1 requires specific documentation and following our Trust-specific application process.
Key points:
Trusts must be in good legal standing in the U.S.
Minimum initial account value: $5,000
Only Trusts with a valid Tax ID (EIN) are eligible
Understanding Trust account types
Trust accounts can help manage and protect assets for beneficiaries. M1 supports these Trust types:
Revocable Trusts
Can be modified or terminated by the grantor at any time
Commonly used in estate planning for flexibility
Grantor often retains control over the assets
Irrevocable Trusts
Cannot be changed or revoked after creation
Used to remove assets from your taxable estate or protect assets for specific uses
Trustee manages the assets for beneficiaries
Note: M1 does not currently support other types of trusts, such as foreign or testamentary trusts.
Before you begin:
You must have an active M1 account in your name before applying to open an M1 Trust account.
Learn more about how to create an M1 Account.
Gather the following information:
Trust name, creation date, and EIN (Tax ID)
Names, SSNs, and contact information of all trustees
Certified copies of your Certificate of Trust and supporting legal documents
Steps to open an M1 Trust account
Download and complete the M1 Trust Account Application
Complete the Trust Account Application and Agreement.
Fill out the Certificate of Trust and Investment Powers (see specific instructions below).
Upload all requested documentation, including your completed forms and supporting trust documents.
Submit your application online.
Tip: Double-check all information before submitting to avoid processing delays.
Filling out the M1 Trust forms
New Account Application and Agreement
Account Name: Enter the legal name of the trust—not your individual name.
Date of Birth (DOB): Enter the date the trust was established (date on the trust document).
Tax ID: Provide the trust's unique EIN. If you are unsure, consult your trust's administrator.
Dividend Settings:
Select “Please do not reinvest any dividends.”
Select “No” to participation in the Voluntary Sweep Program (M1 does not offer DRIP or a sweep program for trusts).
Certificate of Trust and Investment Powers
If you choose Margin as your account type:
Select the first option on page 2 of the Certificate of Trust and Investment Powers.
If you choose Cash as your account type:
Leave both margin options on page 2 blank.
What are the capabilities and limitations of M1 Trust accounts?
Capabilities
Investment options: Stocks, ETFs, and funds supported by M1 Invest
Automation: Use pies and automation tools to manage your investments
Limitations
Money Movement: Only one external connection can be linked to the Trust account. This connection can either be an external bank account, or a linked M1 Earn Account.
What happens after you apply?
Initial review: M1 will review your submission within 7-10 business days.
Additional documentation: M1 may request more documents via email if required.
Approval: Once approved, your trust account will be available within your M1 dashboard, and you may fund your account.
Tip: Check your email regularly for application updates and requests.
Brokerage accounts on the M1 platform are either fully disclosed to APEX Clearing or cleared through M1 Finance LLC. Please look at your account statement to determine how your account is cleared.
All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future performance. Using margin can add to these risks. Users utilizing APEX cleared margin accounts should review the APEX margin account risk disclosure before borrowing. Users utilizing M1 cleared margin accounts should review the M1 margin account risk disclosure before borrowing. M1 Margin Loans are available on margin accounts with at least $2,000 invested per account. Not available for Retirement or Custodial accounts. Margin rates may vary.
Brokerage products and services are offered by M1 Finance LLC, Member FINRA / SIPC, and a wholly owned subsidiary of M1 Holdings, Inc.
This content was generated using artificial intelligence and is intended for informational and educational purposes only. While reasonable efforts are made to ensure accuracy, AI-generated outputs may omit key context; and should not be construed as financial, investment, legal, or tax advice. Users should independently verify all information and consult a qualified professional before making any financial decisions.
SAIF-08212025-uycn9k1i